314 E Stevens Road 1, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
ACTIVE UNDER CONTRACT$255,000
314 E Stevens Road 1, Palm Springs, California 92262
1Bed
1Bath
565Sqft
565Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Downtown Location: Situated in Central Palm Springs, just moments from downtown shops and restaurants, offering excellent walkability and access to amenities.
Top Cons:
High Monthly Association Fee: The $797.33 monthly association fee is substantial for a one-bedroom, 565 sqft unit, impacting overall ownership costs and potential rental yield.
Compared to the nearby listings
Price:$255.0K vs avg $337.0K ($-82,000)28%
Size:565 sqft vs avg 1,068 sqft2%
Price/sqft:$451 vs avg $34884%
More Insights
Built in 1948 (77 years old).
Condition: Despite being built in 1948, this property has undergone significant updates, particularly in the key areas of the kitchen and bathroom. The description highlights an 'updated bathroom features modern fixtures and finishes' and a 'stylish and functional galley kitchen, with wood countertops, ample cabinetry, a tile backsplash, and stainless steel appliances.' The images confirm these updates, showing a clean, contemporary aesthetic in these spaces. The overall property appears well-maintained and move-in ready, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years, offering functional systems and minimal wear and tear.
Year Built
1948
Close
-
List price
$255K
Original List price
$255K
Price/Sqft
$451
HOA
$797.33
Days on market
-
Sold On
-
MLS number
219133362DA
Home ConditionGood
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)
About this home
Welcome to your Investment (30 day min.), vacation home or fulltime property!You own the land NOT lease land. SOLD Turnkey (see excluded list) one-bedroom unit in a charming vintage mid-century property, just moments from the downtown shops and restaurants. Enjoy an open floor plan filled with abundant natural light. The spacious bedroom offers a comfortable retreat, while the updated bathroom features modern fixtures and finishes. The galley kitchen is both stylish and functional, with wood countertops, ample cabinetry, a tile backsplash, and stainless steel appliances. A glass slider opens to a generous private patio with breathtaking mountain views and a cozy outdoor dining area--perfect for relaxing or entertaining.This unit also includes one uncovered parking space. Residents of Lantana Lodge enjoy access to a sparkling community pool.Book your tour today!
Nearby schools
7/10
Katherine Finchy Elementary School
Public,•K-5•0.5mi
4/10
Raymond Cree Middle School
Public,•6-8•0.5mi
6/10
Palm Springs High School
Public,•9-12•2.2mi
4/10
Desert Learning Academy
Public,•K-12•2.3mi
Condition Rating
Good
Despite being built in 1948, this property has undergone significant updates, particularly in the key areas of the kitchen and bathroom. The description highlights an 'updated bathroom features modern fixtures and finishes' and a 'stylish and functional galley kitchen, with wood countertops, ample cabinetry, a tile backsplash, and stainless steel appliances.' The images confirm these updates, showing a clean, contemporary aesthetic in these spaces. The overall property appears well-maintained and move-in ready, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years, offering functional systems and minimal wear and tear.
Pros & Cons
Pros
Prime Downtown Location: Situated in Central Palm Springs, just moments from downtown shops and restaurants, offering excellent walkability and access to amenities.
Fee Simple Ownership: A significant advantage in Palm Springs, the property includes land ownership (not lease land), providing greater long-term value and fewer complexities.
Turnkey & Modern Updates: Sold turnkey with an updated bathroom and a stylish, functional kitchen featuring stainless steel appliances, minimizing immediate buyer investment.
Desirable Outdoor Space & Views: Features a private patio with breathtaking mountain views and access to a sparkling community pool, enhancing the Palm Springs lifestyle.
Versatile Use & Mid-Century Appeal: Suitable for investment (30-day minimum rental), vacation, or full-time living, set within a charming vintage mid-century property.
Cons
High Monthly Association Fee: The $797.33 monthly association fee is substantial for a one-bedroom, 565 sqft unit, impacting overall ownership costs and potential rental yield.
Limited Living Space: At 565 sqft with only one bedroom, the unit offers restricted living space, potentially limiting appeal to a broader buyer demographic.
Uncovered Parking: While a dedicated parking space is provided, it is uncovered, which may be less desirable in the Palm Springs climate compared to covered options.